Yesterday I read ideas of some trader who said that ETH will be gone to $800 or something very soon and the market will become bearish. I respect the opinion of each trader because we are people and we have different minds but still you can't just predict because "it is too expensive to go up again" - this is not a reason. And many newcomers following his advice decided to short ETH, and I am sure all of them closed the deal at the stop-loss.
I do not see any potential for ETH to dump not only on the chart but based on the fundamentals as well.
Maybe someone will disagree with me like I did now - it is good, you always need to do your own research before entering the trade.
Have a good day guys!
I do not see any potential for ETH to dump not only on the chart but based on the fundamentals as well.
Maybe someone will disagree with me like I did now - it is good, you always need to do your own research before entering the trade.
Have a good day guys!